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Pay & Benefits

Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.

Federal Employees on ‘An Elite Island of Secure and High-Paid Employment’

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 7, 2015 8:16 PM | Updated: Sep 21, 2016 2:28 PM Categories Pay & Benefits Leave a comment

An article describes the federal government as “an elite island of secure and high-paid employment, separated from the ocean of average Americans competing in the economy.”

Benefits for Children of Same-Sex Domestic Partners

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 6, 2015 5:33 AM Categories Pay & Benefits Leave a comment

As a result of a Supreme Court decision issued in June that allows same-sex couples to marry in all states, OPM notes that agencies are no longer allowed to add children of same-sex domestic partners to FEHB enrollments.

Why Are Some Wage Grade Employees Not Getting Money Owed to Them?

By Wayne ColemanOct 1, 2015 6:09 AM Categories Pay & Benefits, Q&A Leave a comment

Why are some employees under the Federal Wage System not being paid the full amount they are owed?

Health Insurance Premiums Up in 2016: What Will You Pay for Self Plus One Coverage?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 29, 2015 4:07 PM Categories Pay & Benefits Leave a comment

Federal employee health insurance premiums in 2016 will see their largest increase in five years. Here is a summary and how those electing self plus one may fare next year.

Two Congressmen Push for Paying Federal Workers in the Event of a Shutdown

FedSmith.com author Ian SmithBy Ian SmithSep 23, 2015 8:48 AM Categories Pay & Benefits Leave a comment

A bipartisan pair of Congressmen distributed a letter to House colleagues yesterday to build support for paying federal workers in the event of a shutdown.

‘Locality Pay Equity Act’ Introduced In Congress

By Wayne ColemanSep 22, 2015 4:33 PM Categories Pay & Benefits Leave a comment

Legislation has been introduced in Congress to ensure that there is only one local wage area within a locality pay area. What impact would this legislation have on federal employees’ pay if it were enacted, and what brought about the introduction of the legislation? The author explains what you need to know.

OPM Announces New “Limited Enrollment Period” for Self Plus One Enrollment

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 21, 2015 5:30 PM Categories Pay & Benefits Leave a comment

In addition to the regular open season, OPM has announced a limited enrollment period for enrolling in the new self plus one program (with restrictions).

One Congressman Wants to Cut Off Lawmakers’ Pay During Government Shutdowns

FedSmith.com author Ian SmithBy Ian SmithSep 19, 2015 8:56 AM Categories Pay & Benefits Leave a comment

One Congressman has introduced legislation to prevent future Members of Congress from being paid in the event of a government shutdown.

Winners and Losers Under New Health Insurance Premium Options

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 17, 2015 5:39 PM Categories Pay & Benefits Leave a comment

Health insurance premiums for 2016 may go up about 7% for 2016. But, for those in new self plus one option, costs may decrease about 6% according to a government estimate.

How Much Will the 2016 COLA Add to Your Income?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 17, 2015 11:40 AM | Updated: Aug 25, 2016 7:54 PM Categories Pay & Benefits, Retirement Leave a comment

How much of a COLA increase will federal retirees have in 2016? Any increase at all is looking highly unlikely.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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